STAKEHOLDER SATISFACTION ANNUAL SURVEY POSITIVE: 61% NEUTRAL: 28% NEGATIVE: 11%

UNEMPLOYED ON LEARNERSHIPS AS AT 31 ST MARCH 2005 CURRENT BUY-IN BY COMPANIES LIMITED FUNDING ONLY R31m NEW NSDS: MORE AREAS FUNDS SPREAD THINLY ADDITIONAL FUNDS: NSF

EMPLOYEES ON NQF LEVEL 1 NQF LEVEL 1 –ABET INTERVENTIONS –RPL –BETTER INFORMATION –CHALLENGE – ABET LEVEL 4 –FUNDING LIMITATIONS STRUCTURED LEARNING –REGULAR TRAINING BY COMPANIES –MORE INTERVENTIONS TOWARDS LEARNERSHIPS –& SKILLS PROGRAMMES

SUMMARY HIGHLIGHTS EXCEEDING THE NSDS TARGETS BY AVERAGE -54% RE-CERTIFICATION BY MINISTER OF LABOUR POSITIVE CUSTOMER SATISFACTION SURVEY CLOSING NSDS WITH UNQUALIFIED AUDIT REPORTS EVERY YEAR POSITIVE AUDIT REPORT BY SAQA AND RE-ACCREDITATION AS AN ETQA BODY

SUMMARY LOW LIGHTS DELAY IN RE-CERTIFICATION PROCESS – HINDERED FORWARD PLANNING UNCERTAINTY OVER SPILL-OVER EFFECTS OF MERGER OF SECONDARY AND PRIMARY AGRICULTURE SETAs CLOSING OFF OUR HUGELY SUCCESSFUL NSF- FUNDED Hlumani PROJECT RESTRICTING FUNDING OF LEARNERSHIPS DUE TO LIMITED FUNDING DELAY IN ANNOUNCING NSF FUNDING WINDOWS DIFFICULTY IN ACHIEVING NSDS TARGETS FOR THE DISABLED (only 1%) DIFFICULTY IN REACHING MORE RURAL AREAS

CONTRIBUTION TO NATIONAL OBJECTIVES GROWTH, EMPLOYMENT, POVERTY ALLEVIATION

FoodBev Funded Project “Snowflake Bake For Profit” “My name is Joyce Lungi. I live in Mpumalanga Township in KZN. In 2002 I graduated from the University of Kwa Zulu Natal with a Bachelors Degree in Political Science. I have sent more than 150 job applications, my focus was government organizations. I’ve never been called for even 1 interview.” [PMG note: graphics not included]

FoodBev Funded Project “Snowflake Bake For Profit” “In July 2004 I started at Snowflake Bake for Profit at the Umuzi Training Centre, in KwaMakutha and Tholi Mlaba is my trainer. I sell muffins, queen cakes and scones to taxi drivers and the community. My husband sells my products for me at the taxi rank. He works from 6am to 6pm. My dream is to open a big bakery and create jobs for my community” [PMG note: graphics not included]

NSDS OPPORTUNITIES AND CHALLENGES

OPPORTUNITIES New Venture Creation –experienced management (white male) who have been retrenched to contribute to the development of the young Exploring further the role of the Learnerships Agencies (ESDLE) in employment creation. Collaboration with others SETAs and Provincial and Local Government on achievement jointly of: –ABET targets –Disabled targets CHALLENGE: Funding required for many more NSDS targets and momentum created around Learnerships.

CASHFLOW (R 000) Levy receipts as at R Cash paid to stakeholdersR Cash on Hand as at R Planned Disbursements: -Discretionary Grants & Projects R Employer Grants (WSPIR) R Total Disbursements R Free Cash Flow R 1 831